705 N Silver ST, Burnet TX 78611

The estimated value of this property is $237,714, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $298,000 and $304,000. In the current SYLVIA HEIGHTS market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Built in 1965, this home is 39 years older than the average comp, which is reflected in the adjustments. The 0.25 acre lot (larger than the 0.20 acre average) is reflected in the estimate. 7 similar homes are currently available in SYLVIA HEIGHTS, creating a buyer's market for this price range. Recent trends in 78611 show home values have fallen 0.3% since 6 months ago. The most comparable recent sale is 212 Creekfall RD, Burnet TX 78611, with an adjusted value of $247,512; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group